Continue to site >
Trending ETFs

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$34.91

$58.4 M

0.17%

$0.06

0.58%

Vitals

YTD Return

18.3%

1 yr return

21.1%

3 Yr Avg Return

20.2%

5 Yr Avg Return

13.0%

Net Assets

$58.4 M

Holdings in Top 10

16.0%

52 WEEK LOW AND HIGH

$34.8
$29.62
$35.47

Expenses

OPERATING FEES

Expense Ratio 0.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 41.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$34.91

$58.4 M

0.17%

$0.06

0.58%

DXJS - Profile

Distributions

  • YTD Total Return 18.3%
  • 3 Yr Annualized Total Return 20.2%
  • 5 Yr Annualized Total Return 13.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.26%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    WisdomTree Japan Hedged SmallCap Equity Fund
  • Fund Family Name
    WisdomTree Trust
  • Inception Date
    Jun 28, 2013
  • Shares Outstanding
    600000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Marlene Walker-Smith

Fund Description

The Fund employs a “passive management” – or indexing – investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in constituent securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such constituent securities.

WisdomTree, Inc. (“WisdomTree”), the Index Provider and parent company of WisdomTree Asset Management, Inc. (“WisdomTree Asset Management” or the “Adviser”), has created the Index to provide exposure to Japanese small-capitalization equity markets while at the same time “hedging” or neutralizing exposure to fluctuations in the value of the Japanese yen relative to the U.S. dollar.

The Index consists of dividend-paying small capitalization companies. As of June 30, 2024, the Index had a market capitalization range from $101.9 million to $3.7 billion, with an average market capitalization of $861.2 million. To be eligible for inclusion in the Index, a company must meet the following key criteria as of the annual Index screening date: (i) conduct its Primary Business Activities in Japan and list its shares on the Tokyo Stock Exchange; (ii) payment of at least $5 million in gross cash dividends (i.e., total dividends paid including capital gains distributions and non-taxable distributions and without excluding taxes, fees and other expenses) on shares of common stock during the preceding annual cycle; (iii) market capitalization of at least $100 million; (iv) median daily dollar trading volume of at least $100,000 for the preceding three months; and (v) trading of at least 250,000 shares per month for each of the preceding six months. The 300 largest companies by market capitalization are then removed from the list of eligible companies, as of the annual Index screening date. The country in which a company conducts its Primary Business Activities is determined based on one or more of the following factors: country of organization or incorporation, country in which a company’s headquarters is located, the country to which a company has the greatest risk exposure, and the country from which a company generates the most significant portion of its revenue or to which it allocates the greatest resources.

Securities are weighted in the Index based on dividends paid over the prior annual cycle. Companies that pay a greater total dollar amount of dividends are more heavily weighted. On the Index’s annual screening date, the maximum weight of any security in the Index is capped at 2%, and the Index caps the weight of constituents exposed to a single sector (except for the real estate sector) at 25%. The weight of constituents exposed to the real estate sector is capped at 15%. The specified caps and thresholds described above are applied concurrently and in a manner designed to seek to minimize deviation from a constituent’s initial or intended weighting in the Index. The Index also may adjust the weight of individual constituents on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a constituent security, such as its trading volume. To the extent the Index reduces an individual constituent’s weight, the excess weight will be reallocated on a pro rata basis among the other constituents. Similarly, if the Index increases a constituent’s weight, the weight of the other constituents will be reduced on a pro rata basis to contribute the weight needed for such increase. The Index weight of a sector or individual constituent may fluctuate above or below specified caps and thresholds between rebalance dates in response to market conditions.

WisdomTree currently uses the Global Industry Classification Standard (GICS®), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor’s Financial Services LLC, to identify the extent of the Index’s exposure to a sector or industry. A GICS sector typically is comprised of multiple industries. Because the Fund seeks to track the Index, it is expected to have the same sector and industry exposure as the Index. While the Index’s and the Fund’s sector exposure may vary from time to time, as of June 30, 2024, the Index, and therefore the Fund, had significant exposure (e.g., approximately 15% or more of the Index’s total weight) to the Industrials, Consumer Discretionary, Information Technology and Materials Sectors.

To the extent the Index’s constituents are concentrated (i.e., holds more than 25% of constituents) in the securities of companies assigned to a particular industry or group of industries, the Fund will seek to concentrate its investments in such industry or group of industries to approximately the same extent as the Index.

The Index “hedges” against, or seeks to minimize the impact of, fluctuations in the relative value of the Japanese yen and the U.S. dollar. The Index is designed to have higher returns than an equivalent un-hedged investment in Japanese small-capitalization equity securities when the U.S. dollar is going up in value relative to the Japanese yen. Conversely, the Index is designed to have lower returns than an equivalent un-hedged investment in Japanese small-capitalization equity securities when the U.S. dollar is falling in value relative to the Japanese yen. To hedge its currency exposure to the Japanese yen, the Index applies a published one-month forward rate of the Japanese yen in U.S. dollars to the Index’s total equity exposure.

Currency forward contracts and/or currency futures contracts are used to hedge the Fund’s exposure to the Japanese yen. The contract value of currency forward contracts and currency futures contracts in the Fund is based on the aggregate exposure of the Fund and Index to the Japanese yen. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to all currency fluctuations. The return of the currency forward contracts and currency futures contracts held by the Fund may not fully hedge or completely offset the Fund’s exposure to the Japanese yen or fluctuations in its value relative to that of the U.S. dollar.

Read More

DXJS - Performance

Return Ranking - Trailing

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% -3.1% 27.5% 13.16%
1 Yr 21.1% -1.0% 30.1% 13.16%
3 Yr 20.2%* -12.6% 24.3% 5.41%
5 Yr 13.0%* -5.9% 18.4% 15.15%
10 Yr 11.2%* 0.4% 11.3% 8.33%

* Annualized

Return Ranking - Calendar

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
2023 34.8% 0.0% 36.8% 5.26%
2022 2.2% -34.0% 2.8% 5.41%
2021 8.4% -15.7% 14.9% 14.71%
2020 -6.2% -6.2% 31.2% 100.00%
2019 15.6% 4.7% 24.4% 81.25%

Total Return Ranking - Trailing

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% -3.1% 27.5% 13.16%
1 Yr 21.1% -1.0% 30.1% 13.16%
3 Yr 20.2%* -12.6% 24.3% 5.41%
5 Yr 13.0%* -5.9% 18.4% 15.15%
10 Yr 11.2%* 0.4% 11.3% 8.33%

* Annualized

Total Return Ranking - Calendar

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
2023 38.9% 2.0% 42.0% 5.26%
2022 5.0% -32.8% 5.9% 5.41%
2021 11.6% -15.1% 18.0% 14.71%
2020 -3.2% -3.2% 34.7% 100.00%
2019 18.3% 7.7% 26.7% 84.38%

DXJS - Holdings

Concentration Analysis

DXJS Category Low Category High DXJS % Rank
Net Assets 58.4 M 5.91 M 14.1 B 92.11%
Number of Holdings 727 27 1791 10.53%
Net Assets in Top 10 13 M 2.5 M 4.17 B 86.84%
Weighting of Top 10 16.04% 3.5% 141.4% 89.47%

Top 10 Holdings

  1. State Street Navigator Securities Lending Government Money Market Portfolio 10.68%
  2. Horiba Ltd 0.72%
  3. Daido Steel Co Ltd 0.67%
  4. Amano Corp 0.65%
  5. Toyo Tire Corp 0.62%
  6. Gunma Bank Ltd/The 0.58%
  7. Kakaku.com Inc 0.55%
  8. Mitsui Mining Smelting Co Ltd 0.54%
  9. Nippon Electric Glass Co Ltd 0.52%
  10. NHK Spring Co Ltd 0.52%

Asset Allocation

Weighting Return Low Return High DXJS % Rank
Stocks
100.16% 94.34% 102.16% 7.89%
Cash
10.68% 0.02% 38.84% 7.89%
Preferred Stocks
0.00% 0.00% 0.88% 92.11%
Convertible Bonds
0.00% 0.00% 0.00% 92.11%
Bonds
0.00% 0.00% 3.97% 94.74%
Other
-1.37% -2.22% 19.35% 92.11%

DXJS - Expenses

Operational Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.09% 3.46% 68.42%
Management Fee 0.58% 0.09% 0.90% 42.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.15% 0.20% N/A

Sales Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 2.95% 70.30% 90.91%

DXJS - Distributions

Dividend Yield Analysis

DXJS Category Low Category High DXJS % Rank
Dividend Yield 0.17% 0.00% 21.26% 55.26%

Dividend Distribution Analysis

DXJS Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual SemiAnnual Annual

Net Income Ratio Analysis

DXJS Category Low Category High DXJS % Rank
Net Income Ratio 2.26% -0.63% 2.45% 13.16%

Capital Gain Distribution Analysis

DXJS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

DXJS - Fund Manager Analysis

Managers

Marlene Walker-Smith


Start Date

Tenure

Tenure Rank

Oct 26, 2020

1.59

1.6%

Marlene is head of equity index portfolio management. She leads the team of equity index portfolio managers managing US and non-US equity index portfolios and is responsible for the refinement and implementation of the entire equity index portfolio management process. Previously, Marlene served as a senior portfolio manager within the equity index team and prior to joining the equity index team was an equity trader for the firm. Prior to joining the firm in 1995, Marlene was a trader for Banc One Investment Advisors Corporation and a brokerage services manager for Mid Atlantic Capital Corporation. Marlene has been in the investment industry since 1990. Marlene earned an MBA in finance from the University of Pittsburgh and a BA in history and Russian from Washington & Jefferson College.

Michael Stoll


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. Stoll is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2005.

David France


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. France is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2009.

Todd Frysinger


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. Frysinger is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2007.

Vlasta Sheremeta


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Ms. Sheremeta is a vice president and senior portfolio manager at Mellon. She has been employed by Mellon or a predecessor company since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 24.43 7.11 8.25